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Real Estate
The Real Estate Adviser |
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October 21, 2004
The Real Estate Adviser: Time for a second home in old Mexico?
By TOM KELLY
Special to the Journal
Special to the Journal
LORETO, Baja California — Tom McClintock, a former Lake Sammamish resident, is not unlike many potential second home buyers. Pushed along by a dramatic event, they have been forced to reconsider the way they live their lives. In McClintock's case, the event was a heart attack in February.
His master plan no longer includes adding sales clients and territories. He is scheduling an April 2005 retirement from the food service business, plans to sell his primary residence and purchase a summer cabin in Alaska and a winter home -- and nearly guaranteed sunshine — near this small fishing village on the Sea of Cortez.
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Previous columns:
- Real Estate Adviser: Fractionals give you a spot on leisure map, 10-14-2004
- The Real Estate Adviser: Longer life-spans can put strain on finances, 10-07-2004
- The Real Estate Adviser: Capital gains rules still perplex many, 09-30-2004
- The Real Estate Adviser: Reverse mortgage loans are getting hot, 09-23-2004
- The Real Estate Adviser: Snowbirds can get help with their flight plans, 09-16-2004
- The Real Estate Adviser: This mortgage scam targets young couples, 09-09-2004
- The Real Estate Adviser: Credit fraud, repair: two separate battles, 09-02-2004
- The Real Estate Adviser: Raffling a house can benefit seller, nonprofits, 08-26-2004